Oil & Gas Property in Shelby County, TX
Key data points for Reed Unit
| County | Shelby County, TX |
|---|---|
| Operator | SHERIDAN PRODUCTION CO III, LLC |
| Production Dates | Apr 2002 - Mar 2026 |
| Total Oil Production | 24,971 BBLs |
| Total Gas Production | 1,591,179 MCF |
| Recent Oil Production | 90 BBLs in Feb 2026 |
| Recent Gas Production | 2,621 MCF in Feb 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Reed Unit
ShaleAssessment™
$5,640 *
MarketMultiple™
$30,193 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Reed Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Adams | Shelby County, TX | 21 BBLs | 3,416 MCF | Mar 2026 |
| Arco | Shelby County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| BP Ethridge 971 | Shelby County, TX | 0 BBLs | 1,348 MCF | Mar 2026 |
| BP Georgetown 885 | Shelby County, TX | 0 BBLs | 1,162 MCF | Feb 2026 |
| Carlton Gas Unit | Shelby County, TX | 0 BBLs | 0 MCF | Jul 2025 |
| Case | Shelby County, TX | 0 BBLs | 2,242 MCF | Mar 2026 |
| Crawford | Shelby County, TX | 12 BBLs | 1,934 MCF | Mar 2026 |
| Franks Estate | Shelby County, TX | 0 BBLs | 7,775 MCF | Mar 2026 |
| Franks Lawrence T | Shelby County, TX | 2 BBLs | 2,309 MCF | Mar 2026 |
| Griffin | Shelby County, TX | 23 BBLs | 8,072 MCF | Mar 2026 |
| Hancock | Shelby County, TX | 0 BBLs | 0 MCF | Jul 2020 |
| Howard A 1 | Shelby County, TX | 0 BBLs | 165 MCF | Mar 2026 |
| Jones | Shelby County, TX | 15 BBLs | 7,442 MCF | Mar 2026 |
| Oliver Unit | Shelby County, TX | 1 BBLs | 12,345 MCF | Mar 2026 |
| Pate | Shelby County, TX | 47 BBLs | 2,994 MCF | Mar 2026 |
| Polley | Shelby County, TX | 0 BBLs | 146 MCF | Mar 2026 |
| Ramsey Unit | Shelby County, TX | 145 BBLs | 5,470 MCF | Mar 2026 |
| Samford | Shelby County, TX | 0 BBLs | 1,115 MCF | Mar 2026 |
| Sickel 1 | Shelby County, TX | 0 BBLs | 0 MCF | Dec 2017 |
| Thomas Gas Unit | Shelby County, TX | 0 BBLs | 677 MCF | Mar 2026 |
These are the closest 20 companies operating near the Reed Unit property.